SAXO APAC Research
Global Market Quick Take: Asia – July 29, 2024
Key points:Equities: US stock futures rise; tech giants report earnings this weekFX: Dollar started the big week on a stronger footingCommodities: Gold up 0.96% to $2,387 after 2.5% drop ThursdayFixed income: 10-year Treasury yield falls below 4.2%Economi...
2 months ago
Global Market Quick Take: Asia – July 30, 2024
Key points:Equities: Tesla surged 5.6% after a Morgan Stanley upgradeFX: Euro was the weakest ahead of key data out today and tomorrowCommodities: Oil prices decline further; Brent crude falls below $80Fixed income: U.S. Revises Borrowing Estimate Downwa...
2 months ago
Global Market Quick Take: Asia – July 31, 2024
Key points:Equities: Microsoft dropped 3%, AMD rose 7.6% on contrasting earnings reportsFX: JPY gains amid BOJ normalization expectationsCommodities: Precious metals rose, while oil and copper prices declinedFixed income: Treasuries extend gains ahead of...
2 months ago
Global Market Quick Take: Asia – August 1, 2024
Key points: Equities: Semiconductor stocks gained with Nvidia up 12.8%FX: Japanese yen gains on BOJ rate hike and dovish Fed signalsCommodities: Gold hit an all-time high of $2,473; Oil surged on Middle East tensionsFixed income: Treasury on three straig...
2 months ago
Global Market Quick Take: Asia – August 2, 2024
Key points:Equities: Intel fell 19% post market after announcing dividend suspensionFX: Havens outperformed activity currenciesCommodities: Copper falls on China demand concerns; Brent crude drop below $80Fixed income: 10-year Treasury yield sinks sub 4%E...
2 months ago
Global Market Quick Take: Asia – August 5, 2024
Key points:Equities: NIkkei 225 is down more than 20% from the highs.FX: Japanese yen continues to lead the gains Commodities: WTI and Brent crude fell over 3%Fixed income: 2 year and 5 year Treasury yield lowest since May 2023Economic data: US ISM serv...
2 months ago
Global Market Quick Take: Asia – August 6, 2024
Key points:Equities: Japan's market dropped 12.4%, worst since 1987FX: Yen weakness returns as market sell-off shows signs of coolingCommodities: Commodities fell amid recession fears; oil, copper, gold, silver droppedFixed income: Treasury yield reverses...
2 months ago
Global Market Quick Take: Asia – August 7, 2024
Key points: Equities: Palantir Technologies spiked 10.4% after surpassing expectationsFX: AUD was stronger after a hawkish hold from the RBACommodities: WTI oil futures rise to $73.5, driven by declining inventories.Fixed income: Balance at Federal Rese...
2 months ago
Global Market Quick Take: Asia – August 8, 2024
Key points: Equities: SMCI falls 20% after margins fell short FX: Yen strengthens on risk aversion Commodities: Copper stockpile surges to highest since 2019 Fixed income: Treasury yield curve bear steepens Economic data: US jobless claims (Thu), China i...
2 months ago
Global Market Quick Take: Asia – August 12, 2024
Key points:Equities: Eli Lily rose 5.5% following full year earnings upgrade.FX: US dollar started the week higher with geopolitical risk on the radarCommodities: Oil and natural gas prices rose due to supply and tensionsFixed income: Yield curve flatten...
2 months ago
Global Market Quick Take: Asia – August 13, 2024
Key points:Equities: Jetblue Airways falls 20.7% after taking more debtFX: NZD leads gains ahead of RBNZ rate decision on WednesdayCommodities: Oil and gold surge on rising tension in Middle EastFixed income: Treasuries demand returns dragging yield lower...
2 months ago
Global Market Quick Take: Asia – August 14, 2024
Key points: Equities: Sea up 12% on strong Q2 growth, Starbucks surged 24.5% with new CEOFX: AUD and NZD at over 3-week highs, RBNZ decision in focusCommodities: WTI fell below $79, Brent below $81, ending rallyFixed income: 10-year treasury yield extend...
2 months ago
Global Market Quick Take: Asia – August 15, 2024
Key points:Equities: Ulta Beauty surged 14% after Berkshire Hathaway's stakeFX: NZD underperforms as RBNZ cuts rateCommodities: Gold trades near record high; oil down due to supply concernsFixed income: Treasury yield curve flattensEconomic data: US reta...
2 months ago
Global Market Quick Take: Asia – August 16, 2024
Key points:Equities: US markets extended their winning streak to six days FX: US dollar rose on higher yields, but upbeat risk sentiment capped gains Commodities: Copper rises to highest close since 31 July Fixed income: Yield curve bear flattening Econo...
2 months ago